LuhtAir OÜ

Registered
16790429Private limited company (OÜ)Founded 2023

Key figures

557 065 €−5,9%
Revenue 2025
+161,5%
Average annual growth 2023–2025
0200 k400 k600 k202320242025

Ratios

2025

Summary: LuhtAir OÜ

What kind of company is it?

LuhtAir OÜ (registry code 16790429) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Paldiski linn, Lääne-Harju vald, Harju maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE102642418).

How is the company doing financially?

Revenue in financial year 2025 was 557 065 €, down 5,9% on the previous year (592 278 €). From 2023 to 2025, revenue grew by an average of 162% per year. Financial year 2025 ended with a loss of 10 423 €. The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 7 employees (5 a year earlier). Revenue per employee was 79 581 €. At the end of financial year 2025, total assets were 147 963 € and equity 106 979 € (72,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 130 105 €, down 25,3% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 24 062 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1730 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 5 owners. The largest stake (50%) is held by a private individual.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 27.01.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026130 105 €924 062 €
Q2 2026195 021 €923 239 €
Q1 2026135 573 €922 821 €
Q4 202588 555 €824 164 €
Q3 2025174 073 €823 659 €
Q2 2025132 120 €723 135 €
Q1 2025218 485 €622 797 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 18 994 € (15% of distributable profit).

History
202518 994 €
202414 400 €
Summary of financial statements2023–2025
202320242025
Sales revenue81 450592 278557 065
Net profit18 030124 766−10 423
Retained earnings—3630109 402
Total assets54 662211 117147 963
Total liabilities28 63274 72140 984
Total equity26 030136 396106 979
Employees457
Average gross salary (monthly)65223821953
Calculated dividend—14 40018 994

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

12,5%12,5%12,5%50%12,5%LuhtAir OÜ1Kermo Randmäe1Miikael EinsteinPaul Nael4Lauri Špitsmeister2Rivo Olvet
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies